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Check out our latest episode of the Fresh Thinking Podcast!   Episode 54: Applications of Conditional Simulation - PART 1 In this episode, Executive Consultant Ian Glacken and Principal Geostatistician Dr. Oscar Rondon explore the applications of Conditional Simulation in a two-part series. This is the first episode. Click this link to watch the episode: https://lnkd.in/gysq5m9k This podcast video at a glance: 0:30 Ian starts the podcast, introducing the topic and explaining what Conditional Simulation means briefly. 1:35 Oscar talks about the concept of simulation, specifically focusing on the idea of the space of uncertainty. 03:22 Ian moves on to discuss applications of simulation, emphasizing the importance of the group of realisations. 03:50 Oscar covers various things people might explore in the realm of applications. 04:30 Oscar explains the types of statistics that can be performed with the suite of realisations. 05:00 Oscar goes deeper, explaining what a transfer function is. 06:00 Ian provides examples of the most common applications of simulations. 06:20 Oscar and Ian talk about the difference between simulation and estimation. 08:20 Ian shifts to simulating geological uncertainty. 09:05 Oscar explains how to approach simulating both geological and grade uncertainty. 10:20 Ian introduces resource classification as one application involving multiple simulations and realisations. 11:30 Ian explains the difference between classifications in the JORC code and those used in simulations. For further connections with Oscar and Ian, reach out to contact@snowdenoptiro.com. This video podcast is also available as an audio podcast on @Spotify, @Libsyn, @Apple Podcasts, @Google Podcasts. These podcasts are for those working in or associated with the mining industry. Training for Mining Industry - Snowden Optiro Snowden Optiro #snowdenoptiro #conditionalsuimulation #geolgy #mineralresources #mining #freshthinking #podcast #miningindustry #education #podcastseries #youtubechannel

Explore our lastest episode on the Fresh Thinking Podcast!   Episode 53: Conditional Simulation: What It Is and Why It Is Important. In this episode, our Technical Writer Kiara Alessio Allessio and Principal Geostatistician Dr. Oscar Rondon come together to discuss Conditional Simulation — exploring what it is and why it is crucial for Resource Estimation. Click this link to watch the episode: https://lnkd.in/gfHGSBEH This podcast video at a glance: 00:00: Kiara introduces the episode and the speaker Oscar Rondon. 00:23: Oscar explains why Conditional Simulation matters for Mineral Resource Estimation. 01:00: Oscar stresses the importance of turning data into a Gaussian distribution after initial data analysis. 02:07: Oscar answers whether the transformation is needed for normally distributed data. 02:35: Kiara introduces different simulation methods available for Conditional Simulation. 03:11: Oscar shares insights on selecting the right simulation method. 04:30: Oscar provides general guidelines on setting up Conditional Simulation. 05:55: Oscar explains why conditional simulation is crucial for assessing uncertainty in mining. 06:47: Oscar discusses the difference in assessing grade versus geology in Conditional Simulation. 07:30: Oscar talks about errors people often make in Conditional Simulation. 08:50: Kiara wraps up the discussion. Join our experts as they explore this fascinating subject of Conditional Simulation in episode 53 of the Fresh Thinking podcast. If you'd like to connect with Kiara and Oscar, please reach out to them at contact@snowdenoptiro.com. Training for Mining Industry - Snowden Optiro Snowden Optiro #snowdenoptiro #mining #podcast #video #conditionalsimulation #education #technology #freshthinking #podcastseries  #miningindustry #youtubechannel

“Data science should provide information and not answers to people.” Tune in as Mary Stimson from Southwest Airlines shares how information from models and intuition from people are combined to bring greater insight for her team. 🛫 Mary chats with Evan Wimpey in the latest episode of the Mining Your Own Business podcast. You can find it on Spotify, Apple Podcasts, YouTube, or anywhere else you get your podcasts. 🎙 Episodes are also available on our website: 🔍 Mining Your Own Business #DataDriven #PeopleCentered #DataScience #Podcast

What makes an organization data-driven? 💭 In this clip Jack Levis shares one question you can ask to determine that answer. In his 40-plus years in analytics and technology, Jack has learned some of the key characteristics of a data-driven organization: ☑ Good at pivoting ☑ Focused on optimizing processes ☑ Care for customers Jack shares even more in the latest episode of the Mining Your Own Business podcast. Tune in as he talks to Evan Wimpey about some of the lessons he’s learned on his journey—from his time at UPS to his current role at ESP Logistics Technology. You can find the show on Spotify, Apple Podcasts, YouTube, or anywhere else you get your podcasts! Episodes are also available on our website: 🔍 Mining Your Own Business #DataDriven #PeopleCentered #DataAnalytics #Podcast

How is your team using data to make decisions? Jack Levis shares some great thoughts in this podcast episode!

If you are a frequent professional (or recreational) traveller or mining Fly-In-Fly-Out type of work, there is a mountain of valuable information in this podcast about jetlag and how to offset its impact. What I love about Huberman's podcasts is that he doesn't just tell you what to do but instead how things work inside your brain and body; and this is priceless to understand mechanisms and be autonomous in making changes depending on your situation. Also, he has a capacity to vulgarize medical and scientific content to make it very easily understandable. My key take-aways are: - Light exposure timing - Understanding you minimal body temperature to shift your clock - Travelling East Vs. West (and North vs South for travel fatigue) - Facts about Melatonin Pour les francophones, la retranscription est excellente et le texte peut être traduit facilement ;)

“Mistakes are almost never equal in cost” when choosing the right analytic tools or models to solve a business problem, says Dr. John Elder.   Before choosing a new tool or model, it’s helpful to think about:   1️⃣ The degree of accuracy: How accurate is the tool or model known to be? 2️⃣ The cost of a mistake: What will be impacted if the wrong decision is made?   John shares more lessons he’s learned in the latest episode of Mining Your Own Business. Catch the full conversation with John and Evan Wimpey on Spotify, Apple Podcasts, YouTube, or anywhere else you get your podcasts! Episodes are also on our website: 🔍 Mining Your Own Business   #DataDriven #PeopleCentered #DataScience #DataAnalytics #Podcast

Success or failure? 🏆   What makes the difference for data analytics projects? It’s more than just the tools behind them.   Our founder, Dr. John Elder, has witnessed the ebb and flow of numerous data analytics projects on his journey in the field. And along the way he’s discovered keys to achieving success—including healthy team communication. 💬   📊 What Helps Data Analytics Projects Succeed?   1️⃣ Receiving Honest Feedback: Not being afraid to help each other think critically to improve outcomes  2️⃣ Embracing Humility: A willingness to check your ego at the door 3️⃣ Collaboration: A desire to work cooperatively together to achieve the goal   Tune in to the full conversation with John and Evan Wimpey in the latest episode of Mining Your Own Business. 🎙 You can find the show on Spotify, Apple Podcasts, YouTube, or anywhere else you get your podcasts!   Episodes are also on our website: 🔍 Mining Your Own Business   #DataDriven #PeopleCentered #DataScience #DataAnalytics #Podcast

Hey data analytics professionals,   How important is it for your business stakeholders to understand what’s happening under the hood? 🚘   Eric Siegel would suggest it’s crucial. And it goes both ways.   For a data analytics project to be truly successful, both data professionals and business professionals need to have a good understanding of what’s going on.   It comes down to: 🔹 Data analytics professionals understanding the business goals and vision 🔹 Business professionals having a baseline understanding of the technical side of projects   Catch the full conversation with Evan Wimpey and Eric in the latest episode of Mining Your Own Business.   You can find it on Spotify, Apple Podcasts, YouTube, or anywhere else you get your podcasts.   Episodes are also on our website: 🔍 Mining Your Own Business   #DataAnalytics #DataScience #MachineLearning #Podcast

Loved listening to this podcast episode featuring the founder of my organization. If your team is looking for some insight on how to move forward with data analytics projects, tune in to the show!